Zip Code:

68637, Ericson, NE

68637 is a Nebraska Zip code within the city of Ericson and the county of Wheeler. Its population is roughly 363.

The Real Estate Market in the 68637 Zip Code of Ericson, NE

The Ericson zip code is located in Douglas County, Nebraska and has a population of approximately 2,000. The median household income in the zip code is $54,000, and the median home value is $128,000. The average home equity loan-to-value ratio in the zip code is 73%.

There has been a significant increase in home equity values over the past few years in the Ericson zip code. In 2013, the median home value was $111,500. By 2016, this had increased to $128,000. This represents an increase of 27%.

This trend may be due to several factors. First, there are relatively few homes for sale in the Ericson zip code compared to other areas of Douglas County. This may lead to higher demand and therefore higher prices for homes that are available. Second, there has been a surge in popularity of homeownership over recent years across Nebraska and throughout the U.S., which may also contribute to increased home values in Ericson. Finally, Ericson residents have generally been able to afford more expensive homes than those found elsewhere in Douglas County due to their higher incomes.

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